The 4th Nuclear Plant and the Energy Market in Taiwan

1. The Energy Market in Taiwan in 2012

Heavy dependence on imports: even if there are many power plants in Taiwan, those rely almost exclusively on imports of coal, oil and gas to work.

Energy Imports to Taiwan (2012)

The Taiwan Energy Demand graph shows what customers from Taipower need, while the Taiwan Energy Mix shows which resources Taipower uses to answer this demand.

Taiwan Energy Consumption 2012 Taiwan Energy Demand 2012 Taiwan Energy Mix 2012

Taiwan is very sensitive to the World (rising) energy prices, and this is critical for its development since it has an export oriented economy.

Electricity price 1992-2012 Oil Price 1992-2012

In case of conflict with China, all what Beijing would have to do is cut the supply of oil, gas and coal from just 3 countries: Indonesia, Australia and the Gulf, and Taiwan would be left with nothing to power itself after its 2-week strategic stock is exhausted.

Next Page

5 thoughts on “The 4th Nuclear Plant and the Energy Market in Taiwan

  1. taipeir

    Nice work! Some bits still remain unclear to me (services and oil usage?) but overall we can see it’s industry that’s the key to reducing energy use, although there’s plenty of room in residential and transport to gain efficiency.

    Reply
    1. blf_taipei Post author

      Hi taipeir, thanks for your comment! Services refers to Taipower customers who are businesses by opposition to individuals and manufaturing facilities, if I understand correctly.
      For your question on oil usage, not too sure exactly what you mean?

      All in all industry is sure an important part of the equation, and that raises questions for which I have no answer: which are the most energy demanding industries in Taiwan and how much do they contribute to the national income? Can we get a top 10 of Taipower biggest customers, for example? Also, could there be separate tariffs in electricity prices for industries and individuals?

      I have just read today an interesting poll in Tianxia Magazine stating that people seem ready to carry the consequences of their ideas and accept if necessary power cuts, then only price hikes. They would also seemingly prefer having current nuclear plants run longer rather than open the 4th nuclear plant in Longmen. http://english.cw.com.tw/article.do?action=show&id=14755

      Reply
  2. mie

    In my opinion, people should devote at least as much time to opposing coal power as they do to opposing nuclear power. Coal smoke is killing heaps of people here and causing health problems to much larger part of the people; it’s not just theoretical, like the problems with nuclear power plants.
    Taiwan even has the largest coal plant in the world, which is also the world’s largest emitter of carbon dioxide, but nobody seems to care: http://en.wikipedia.org/wiki/Taichung_Power_Plant

    Reply
    1. blf_taipei Post author

      When I looked at the documents it also became clear to me that the fantastic economic development of Taiwan comes at a cost, and that is the carbon footprint. This is why I would be in favor of degrowth and rationing of power both for individual and companies. Do you think Taiwanese people would accept that?

      Reply
  3. John Lysfjord

    Great analysis. For a next step you say “raise electricity costs and to strongly discourage polluting industries. ” How about doing both at the same time by introducing a carbon tax, like Korea have done?

    Reply

What do you think?